BHP’s Colombian coal to take on Australian miners in Asia

Original article by Peter Ker
The Australian Financial Review – Page: 24 : 31-Oct-19

The Cerrejon thermal coal mine in Colombia will shift its export focus to Asia in response to declining demand for coal in Europe. Cerrejon president Guillermo Fonseca expects the transition to clean fuels and renewable energy will take some time, and the region will still be using coal in 2050. The Cerrejon mine is jointly owned by BHP, Glencore and Anglo America, and BHP is believed to be keen to exit both Cerrejon and the Mt Arthur mine in New South Wales.

CORPORATES
BHP GROUP LIMITED – ASX BHP, GLENCORE PLC, ANGLO AMERICAN PLC

BHP steps up JV controls

Original article by Barry FitzGerald
The Australian – Page: 17 & 18 : 18-Apr-16

BHP Billiton may seek to restructure its non-operating joint ventures in Latin America in the wake of the Samarco disaster in Brazil. Any such move would affect the Samarco iron ore mine, the Cerrejon coal mine in Colombia and the Antamina copper and zinc mine in Peru. BHP Billiton holds large stakes in all three mines, but it does not operate any of them. Credit Suisse has estimated that unwinding the joint ventures could affect some $US17.4bn worth of mining assets in the region.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, SAMARCO MINERACAO SA, VALE SA, CREDIT SUISSE (AUSTRALIA) LIMITED, GLENCORE PLC, TECK CORPORATION, MITSUBISHI CORPORATION, ANGLO AMERICAN PLC